Business Terms and Jargon Explained
What is Single MarketTax Definition:-
Measures brought into force by the European Union on 1 January 2003, creating an area without internal frontiers in which the free movement of goods, persons, services and capital is ensured. This required important changes to the way VAT and some excise duties are charged and accounted for.
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Term created / updated 2006-11-20 12:21:58
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